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    U.S. investment trusts gobble assets; retirement plans retreat from active funds
    Posted on Wednesday March 21, 2018

    BOSTON (Reuters) - U.S. retirement plans pumped billions of dollars into investment trusts last year, helping asset managers offset some of the heavy cash outflows from their pricier actively managed...

    What the Federal Reserve rate hike means for U.S. households
    Posted on Wednesday March 21, 2018

    NEW YORK (Reuters) - The effects of the Federal Reserve interest rate hike announced on Wednesday will extend beyond corporate America to household budgets.

    Major banks earned more in metals than oil last year
    Posted on Wednesday March 21, 2018

    LONDON (Reuters) - Banks' metals-related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging...

    Do not panic if you cannot pay your tax bill
    Posted on Wednesday March 21, 2018

    (The opinions expressed here are those of the author, a columnist for Reuters.)

    U.S. stock funds attract most cash since mid-2017: ICI
    Posted on Wednesday March 21, 2018

    NEW YORK (Reuters) - U.S. fund investors steered the most cash since mid-2017 into stocks, Investment Company Institute (ICI) data for the most recent week showed on Wednesday, as cool economic data...

    Apollo CEO sees Ares offering little incentive for stock conversion
    Posted on Wednesday March 21, 2018

    BOSTON (Reuters) - Apollo Global Management LLC Chief Executive Leon Black on Wednesday downplayed the possibility that his private equity firm would follow peer Ares Management LP in converting from...

    StanChart's head of commercial, private banking to leave
    Posted on Wednesday March 21, 2018

    HONG KONG (Reuters) - Standard Chartered PLC's chief executive of private and commercial banking is leaving the bank to join another financial services company in London, the emerging markets-focused...

    A new quagmire for quarterly U.S. taxpayers
    Posted on Tuesday March 20, 2018

    NEW YORK (Reuters) - If you pay quarterly U.S. taxes, the April IRS deadline is a double whammy - you have to file your 2017 return and you have to pay the first portion of your taxes due for the...

    JPMorgan names Mellody Hobson to board
    Posted on Tuesday March 20, 2018

    (Reuters) - JPMorgan & Chase Co has appointed Mellody Hobson, the president of Chicago-based investment firm Ariel Investments LLC, to its board of directors, the Wall Street bank said...

    Former F-Squared CEO must pay $12.4 million in SEC case: U.S. judge
    Posted on Tuesday March 20, 2018

    BOSTON (Reuters) - The former chief executive of F-Squared Investments Inc, once the largest U.S. money manager creating portfolios out of exchange-traded funds, must pay more than $12.4 million for...



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